Escrow

Bitcoin Escrow Chief Pleads Guilty to Crypto Fraud, Also Ordered to Repay $7.4M

The head of the Volantis escrow company faces up to 10 years in prison for defrauding customers.

News  ·  2 October 2020

Attorney Ordered to Pay Out $5.2M for Bitcoin Escrow Mishap

The New York attorney released the funds without authorization and lost investment firm Benthos Master Fund $4.6 million intended for a bitcoin purchase deal.

Policy & regulation  ·  14 August 2020
Escrow

Digital Currency Guru of $568M Cyber Fraud Forum Pleads Guilty

Sergey Medvedev pleaded guilty to racketeering charges as part of a $568 million payment card fraud forum, which used Liberty Reserve and bitcoin to launder funds.

News  ·  29 June 2020
Crime

Crypto Escrow Firm Chief Charged Over Alleged $7 Million Fraud

A man faces charges by the U.S. Attorney's Office and the CFTC over claims he took money for bulk bitcoin orders that were never delivered.

Policy & regulation  ·  1 October 2019
Custody

Bitcoin Escrow Firm Bilked Investors for $7 Million, DOJ Says

U.S. prosecutors have charged the head of a bitcoin escrow company with defrauding investors for $7 million. 

Markets  ·  25 July 2019
Escrow

Bitmarkets Launches Decentralised Bitcoin Marketplace With Tor Support

A new decentralised marketplace called Bitmarkets has introduced privacy enhancing features and a novel escrow system.

Tech  ·  8 December 2014
Bitcoin

How Purse.io Can Shave 25% Off Bitcoin Buyers’ Amazon Bills

The startup provides a way to save on Amazon purchases while easing the on-ramp to bitcoin ownership.

Policy & regulation  ·  2 June 2014
Crime

Bitcoin Auction Site Puts Itself Up for Sale After Theft of 15 Bitcoins

Bitcoin auction site Bitmit has been deactivated and is being sold to the highest bidder.

Policy & regulation  ·  21 November 2013